-
EU leaders meet to discuss post-Covid recovery fund
-
Small improvement seen in Michigan consumer sentiment
-
BlackRock and StateStreet among earnings reporters
European and US futures are trading slightly higher on the final trading day of the week. A number of releases can be found in today's calendar but attention is likely to be focused on the European Summit.
The EU summit is a major event to look at today. Heads of European countries will discuss a €750 billion recovery fund as well as €1.07 trillion budget for the next 7 years. Discussions are expected to extend onto Saturday. Talks are likely to be tough as lining up the interests of a dozen or so countries is a challenging task. Not to mention that EU leaders may decide to tie funds to non-coronavirus related matters and it would further complicate reaching an agreement.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app9:00 am BST - Poland, labour market report for June.
-
Employment change. Expected: -3.9% YoY. Previous: -3.2% YoY
-
Wage growth. Expected: 1.5% YoY. Previous: 1.2% YoY
10:00 am BST - Euro area, CPI inflation for June (final). Expected: 0.3% YoY
1:30 pm BST - US, housing market data for June.
-
Building permits. Expected: 1280k. Previous: 1216k
-
Housing starts. Expected: 1165k. Previous: 974k
1:30 pm BST - Canada, wholesale sales for May. Expected: +8.2% MoM. Previous: -21.6% MoM
3:00 pm BST - US, University of Michigan index for July. Expected: 79. Previous: 78.1
6:00 pm BST - US oil rig count. Previous: 181
Noteworthy US earnings releases
-
BlackRock (BLK.US) - before market open
-
State Street Corporation (STT.US) - before market open
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
